MAY 4.35% 2.2¢ melbana energy limited

Takeover Talk

  1. 14 Posts.
    Can those with experience with company takeovers explain the advantages of a takeover.
    Would May only sell the wells drilled or all of block 9? For me Block 9 is to valuable undeveloped asset and with 3D seismic could return untold wealth to May share holders for many years to come . Oil will be needed for many years therefore I would prefer to see joint ventures rather than a fire sale of assets.
 
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